0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Definition of time utility and place utility?
Time Utility when either the input or the output is preserved for storage purpose in order to be utilized when there is scarcity of that product to be utilized by the consumers.
What are three types of utility in economics?
form utility time utility place utility
What are the Different types of utilities created by intermediaries?
There are Six Utilities: Form Utility, Time Utility, Place Utility, Possession Utility, Information Utility, and Service Utility.
What are some economic utilities created by business activities?
Form Utility, Place Utility, Time Utility, Possession Utility, and Information Utility.
Which economic utility is not classified as a marketing utility?
form utility.
What are the importance of equi marginal utility?
The importance of the equi marginal utility is that it is used as a basis for the progressive taxation. The other importance is that it is used in the redistribution of income.
Definition of time utility and place utility?
Time Utility when either the input or the output is preserved for storage purpose in order to be utilized when there is scarcity of that product to be utilized by the consumers.
Support and utility services of a hospital?
Meaning ,significance and importance of sus
What is a utility in Linux?
please give me a further explanation about utilities, its importance and significance.
What are the importance of law of diminishing of marginal utility?
The importances of law of diminishing marginal utility are given below: a) use in consumption b) use in production c) use in exchange d) use in distribution e) use in public finance.
What are three types of utility in economics?
form utility time utility place utility
What are the Different types of utilities created by intermediaries?
There are Six Utilities: Form Utility, Time Utility, Place Utility, Possession Utility, Information Utility, and Service Utility.
What are some economic utilities created by business activities?
Form Utility, Place Utility, Time Utility, Possession Utility, and Information Utility.
Which economic utility is not classified as a marketing utility?
form utility.
What are the four most essential utility programs?
1 defragmenting utility 2 anti-virus utility 3 time utility 4 date utility 5 copying utility
When total utility is at its maximum where is marginal utility?
marginal utility is zero
When total utility increases marginal utility is?
marginal utility decreases
